Placeholder partner: Crypto market may see a rebound, but the "bloodbath" may not be over
BlockBeats News, February 6, Chris Burniske, former Head of Crypto at Ark Invest and current Partner at Placeholder VC, stated: "Closely watching, but not buying for now. A rebound is expected, but I'm afraid this round of 'bloodbath' is not over yet."
As previously reported, on January 26, Chris Burniske said, "I haven't started buying yet. Key support levels to watch are $80,000, $74,000, $70,000, $58,000, and $50,000 and below. Importantly, I don't care about short-term market movements. If the price continues to rebound from the current position, I will hold my existing positions and gradually diversify; if the market drops sharply, I will continue to add to my BTC holdings and some selected crypto assets."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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